Month: May 2017

The support for renewable energy in the Trump Administration is bipartisan. U.S. President Donald Trump’s winning last year’s U.S. elections had largely resulted in investors pulling out nearly $68 million from “green” mutual funds, reflecting the belief that his pro-coal… Read More ›

In a strategic legal move, by firing Anthony Levandowski from Uber Technologies, the company is aiming to protect itself from Waymo’s lawsuit which revolves arounds Levandowski illegally downloading 14,000 documents, Waymo’s trade secrets, before he left his job at Waymo…. Read More ›

With the AGM under its belt, the doubts surrounding the company are likely to be cleared. Toshiba Corp has stated it would hold its AGM on June 28 and discuss the status of the auditing process, its earnings outlook and… Read More ›

For breaches relating to the scandal-hit Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB), Singapore’s central bank has fined Credit Suisse and United Overseas Bank (UOB), it said in a statement on Tuesday. A 700,000 Singapore dollars ($505,000) fine on Credit Suisse and a 900,000 Singapore… Read More ›

The two faces of the country’s economy were underlined in a report on the socioeconomic situation in Israel published on Sunday. Underlying issues, including persistent high poverty levels and inequality may, if not addressed, negatively affect economic growth, which stood… Read More ›

The joint drill, a stark warning to North Korea, is pregnant with economic consequences for North Korea’s immediate neighbours. In what is likely to be a veiled warning to its warring neighbor, On Tuesday, South Korea disclosed that it had… Read More ›

The surprise revelations of her tax strategy vis-à-vis the elderly in Britain is telling. It is better for Britons to know all of her Trojan Horse revelations before the polls then after. In an interesting turn of events, British voters… Read More ›

With the ‘summer driving’ season set to officially kick off on Memorial Day holiday, U.S. crude futures are peaking. However the international benchmark Brent crude futures prices have largely remained unaffected by this localised event. With a strong start to… Read More ›

Even after a brutal selloff last week, the worst is yet to come for Brazil’s stock market, according to some investors. Efforts to reform Brazil’s pension system, moves aimed at cutting public debt and boosting economic growth could be derailed… Read More ›

With the digital currency bitcoin more than doubling its value since the start of the year, Japanese and South Korean buying helped drive the price of bitcoin to an all-time high this week, analysts and market practitioners said. Website outages… Read More ›